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Direct Selling News  > news  > U.S. News

In accordance with a January letter of intent, The Longaberger Company has signed a definitive agreement with Computer Vision Systems Laboratories Corp. (CVSL) to integrate the 40-year-old company into CVSL’s direct selling strategy.

Shares in Tupperware Brands Corp. dropped 4 percent to $76.10 this week after Morgan Stanley downgraded the stock, cautioning a possible earnings hit from foreign-currency exchange rates.

As we approach the publication of the DSN Global 100, our annual list of the world’s top direct selling companies, we are excited to announce more positive reports from industry leaders.

In one of her first interviews since taking the helm at Avon, CEO Sheri McCoy spoke with Forbes about the company’s current challenges and the strategies that will guide the world’s fifth-largest beauty company forward.

Herbalife shares ended the day up 7 percent yesterday, following an announcement of the company’s latest agreement with billionaire investor Carl Icahn.

Amway recently celebrated the opening of the Amway Business Center at Citi Field, home of the New York Mets.

Over the weekend, a capacity crowd packed out Charlotte, North Carolina’s Time Warner Cable Arena for the ACN International Convention, where the direct seller of telecom and home services once again welcomed entrepreneur Donald Trump to the stage.

Today billionare investor Carl Icahn revealed his investment position in Herbalife. In what has become a clash of the Wall Street titans, Icahn paid $214 million for 14 million Herbalife shares, amounting to a 13 percent stake in the company.

Herbalife is providing further disclosure on its U.S. distributor earnings to offset accusations of illegitimate business practices.

Reports that are now coming in from publicly held direct selling companies continue to reflect strong increases in annual revenues.

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